SS&Y Indicies Rise
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rose 102 points in the week ending Monday to 5,828. "Tonnage in the Pacific remained in tight supply," SS&Y said.
Firefighters Extinguish Tanker Blaze
Firefighters extinguished a fire which broke out on the Panamanian-registered tanker Sea Wolf 1 off the Greek port of Piraeus on Monday, injuring one crew member, the Merchant Marine Ministry said.
Bulker Refloated
The St. Vincent and Grenadines-flagged bulker Pooja, was refloated on October 30 at Carrick roads by a tug and then towed to Falmouth, England, Reuters reported. No pollution was reported.
Samos Refloated
The Bahamas-flagged bulk/oiler Samos was refloated on October 28 one mile below mile negative one, on the Mississippi river, U.S., Reuters reported. The 54,500 dwt…
Baker Hughes Profits Surge 456%
Driven by decade-high oil prices, industry leader Baker Hughes Incorporated reported operating profit after tax from continuing operations for the third quarter of 2000…
